Stallion Uranium Announces Completion of Ground Gravity Extension Survey over Coyote Corridor

The most recent news (February 24, 2026) announces the completion of a ground gravity extension survey over the Coyote Corridor within the Southwestern Athabasca Basin Joint Venture. The survey identified a significant gravity low anomaly that management claims mirrors the geophysical signatures of NexGen Energy’s world-class Arrow Deposit. This follows the February 12, 2026, announcement that the company has commenced its Phase 1 winter drilling program at the Moonlite project, targeting the Coyote corridor with 4,000 meters across 8 holes.

The news is categorized as Routine - Positive. While the geophysical similarities to the Arrow Deposit are technically compelling, they remain pre-discovery indicators. The material impact is limited until drill bits confirm the presence of high-grade uranium mineralization. - Technical Validation: The gravity low anomaly, combined with previously identified strong electromagnetic (EM) conductors (>10 Siemens), provides a high-conviction target. - Operational Progress: Despite unseasonably warm weather delays in early 2026, the company successfully mobilized two rigs, showing operational resilience. - Historical Context: This is the first time the Coyote target has ever been drilled. Previous drilling at the Appaloosa target (2024) yielded anomalous radioactivity but not a discovery; the company is now applying those lessons to a new corridor.

Stallion Uranium holds the largest contiguous land package in the Western Athabasca Basin (approx. 3,000 sq km), much of it in a Joint Venture with Atha Energy. Its flagship focus has shifted to the Coyote Target on the Moonlite property, characterized by a 1,000m depth potential and strong EM conductors. The company also holds the Coffer Project (Appaloosa target) and the Stone Island project.